QH Investments Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 08349701 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2017

for

QH Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C R Anderson

SECRETARY:

Mrs B J Anderson

REGISTERED OFFICE:

Birdsfoot House

Fisherman's Reach

Quidhampton

Salisbury

Wiltshire

SP2 9BG

REGISTERED NUMBER:

08349701 (England and Wales)

ACCOUNTANTS:

Howard Smith & Co Limited

Chartered Accountants

1 & 2 Hillbrow House

Linden Drive

Liss

Hampshire

GU33 7RJ

FIXED ASSETS

Investment property

3

529,715

527,093

CURRENT ASSETS

Debtors

4

170,404

54,224

Cash at bank

7,898

98,316

178,302

152,540

CREDITORS

Amounts falling due within one year

5

100,817

104,586

NET CURRENT ASSETS

77,485

47,954

TOTAL ASSETS LESS CURRENT LIABILITIES

607,200

575,047

CAPITAL AND RESERVES

Called up share capital

524,250

524,250

Retained earnings

82,950

50,797

SHAREHOLDERS' FUNDS

607,200

575,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 25 August 2017 and were signed by:

C R Anderson - Director

1.	STATUTORY INFORMATION

QH Investments Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced rents received.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair

value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2016

527,093

Additions

2,622

At 31 January 2017

529,715

NET BOOK VALUE

At 31 January 2017

529,715

At 31 January 2016

527,093

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.17

31.1.16

£

£

Trade debtors

11,580

-

Other debtors

158,824

54,224

170,404

54,224

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.17

31.1.16

£

£

Taxation and social security

8,038

8,059

Other creditors

92,779

96,527

100,817

104,586

6.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2017 and

31 January 2016:

31.1.17

31.1.16

£

£

C R Anderson

Balance outstanding at start of year

95,687

3,119

Amounts advanced

26

(5,525

)

Amounts repaid

(3,774

)

98,093

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

91,939

95,687